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Yahoo News - Latest News & Headlines

News Archives - Insurance Journal

Texas Must Rethink Massive Transmission Lines, Lawmakers Say
A growing chorus of Texas lawmakers is calling on the state’s electric grid managers and utility regulators to halt an expansive and increasingly controversial project to build transmission lines that would cut through several thousand acres of private property to …

POSTED AUGUST 06, 2026 3:59 PM
Minnesota Insurance Hall of Fame Announce 2026 Inductees
The Minnesota Insurance Hall of Fame has announced the eight members selected for induction into its 2026 class. The honorees will be formally recognized during the annual Minnesota Insurance Hall of Fame Induction Ceremony on October 22, 2026, at the …

POSTED AUGUST 06, 2026 3:38 PM
Federated Acquires Illinois-Based HDVI
Federated Mutual Insurance Company has acquired commercial trucking insurance provider High Definition Vehicle Insurance (HDVI). Based in Chicago, HDVI specializes in telematics-driven fleet insurance. The acquisition positions HDVI to accelerate its growth and innovative work within the commercial trucking insurance …

POSTED AUGUST 06, 2026 3:17 PM
HUB’s VIU Builds Insurance Agency Just for Credit Union Members in Carolinas
HUB International, one of the largest U.S. insurance brokerages, has inked a deal to offer insurance products to credit union members in the Carolinas and Georgia. Spero Financial Federal Credit Union, based in South Carolina, has launched Spero Insurance Services, …

POSTED AUGUST 06, 2026 3:14 PM
Meta AI Model Accessed Internet, Hacked Outside Firm
Meta Platforms Inc. said one of its artificial intelligence models accessed the internet and hacked into an outside service’s systems during cybersecurity testing, following other recent incidents across the AI industry that have escalated concerns about companies’ control over their …

POSTED AUGUST 06, 2026 2:55 PM
Longtime North Carolina Agencies Breeden and Citizens Group Have Merged
Two of central North Carolina’s oldest insurance agencies have agreed to merge, bringing more than 140 years of combined insurance experience to the table. Breeden Insurance Services, based in Lexington and Winston-Salem, and Citizens Insurance Group in Thomasville are now …

POSTED AUGUST 06, 2026 2:38 PM
OpenAI Asks Judge to Toss Apple’s Trade Secrets Lawsuit
OpenAI is asking a federal judge to dismiss a lawsuit filed by Apple Inc. accusing the artificial intelligence company of stealing trade secrets, saying that the iPhone maker’s allegations are meritless. Lawyers for OpenAI said that Apple’s suit falsely portrays …

POSTED AUGUST 06, 2026 2:27 PM
Pac-12, Mountain West Conferences Finalize ‘Poaching’ and Exit Fees Settlement
The Pac-12 and Mountain West conferences have finalized a settlement over “poaching” and exit fees. The two conferences announced on Tuesday that all sides have reached final agreements to settle all pending litigation. The statement included Boise State, Colorado State, …

POSTED AUGUST 06, 2026 1:20 PM
Allstate Q2 Net Income Jumps 56% on Underwriting
Allstate Corp. second quarter 2026 net income applicable to common shareholders shot up nearly 56% with underwriting income up 56.7% during the period. Net income was about $3.2 billion for Q2 versus $about $2.1 billion for Q2. Underwriting income was …

POSTED AUGUST 06, 2026 12:39 PM
Abuse Claimants Allowed to Sue for Parish Assets in Vermont Catholic Bankruptcy Case
A U.S. Bankruptcy Court will allow clergy abuse claimants to sue for an estimated half-billion dollars in parish assets to fund settlements under the Vermont Roman Catholic Diocese’s current financial reorganization case. In a written order, Burlington-based Judge Heather Cooper …

POSTED AUGUST 06, 2026 12:19 PM

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